Portland, OR - Found My Deal - Please advise...

[Casey Duckworth]

Hello all,

I have the opportunity to purchase a 3 structure property in the heart of Portland. There are 4 total units (single family, duplex, & mobile home). The property is zoned R2. My residential lender has expressed to me that there can only be 1 structure on a residential lot and therefore it will require commercial financing. Is this correct? 

Either way it appears I will need a new lender.